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Merantix Capital closes a €103m fund to back early-stage European AI

Merantix Capital has closed a €103m fund to invest in early-stage, AI-native teams across Europe, the Berlin firm announced on 4 June. The fund is more than three times the size of its first vehicle, which co-founders Rasmus Rothe and Adrian Locher raised at roughly €30m, and it widens the firm’s remit from companies built […]

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Cerebras says it will work with everyone in AI hardware except NVIDIA

The strategy is defined by a single exclusion. Speaking at the Bloomberg Tech conference on Wednesday, Cerebras chief executive Andrew Feldman said the AI chipmaker is working with every major hardware maker in the industry apart from one: NVIDIA. The line was not a complaint. It was the pitch. Feldman’s argument is that the buyers […]

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SpaceX wins Texas county approval for Terafab reinvestment zone

A reinvestment zone is the unglamorous first step, the procedural gate that has to open before any of the larger numbers attached to a project can flow. On 3 June, the commissioners of Grimes County, Texas, opened it, voting 4-1 to designate a reinvestment zone for SpaceX’s proposed Terafab semiconductor plant. The vote is the […]

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How Can You Implement Entity Optimization Without Relying On Schema Markup? – Ask An SEO via @sejournal, @HelenPollitt1

Most SEOs stop at schema markup. Here’s the full technical picture of entity optimization, and why it matters more than ever for LLM visibility.

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Benchmark breaks its own rule with a $2bn raise and a first growth fund

The discipline was the whole identity. For more than twenty years Benchmark kept its funds around $425m and backed only young companies, taking a roughly 20% stake in each and trusting that selectivity, not scale, would produce the returns. That model has now bent. The firm has closed $2bn across two new funds, according to […]

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Uber’s bet on Nuro is bigger than it let on, at close to $500m

Uber said “multi-hundred-million” and meant something closer to half a billion. The ride-hailing company’s commitment to self-driving start-up Nuro is near $500m, according to sources directly aware of the matter, a figure that reframes a partnership Uber had described in vaguer terms and reveals a follow-on investment significantly larger than its first. The new detail […]

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